Oil consumers face a summer of pain as China starts coming back to market | Economic Times

Oil consumers face a summer of pain as China starts coming back to market https://ift.tt/xCFOfib of Wall Street shares the bullish take. This week, Goldman Sachs Group Inc. said it expects Brent to peak at $140 a barrel in the coming months. Morgan Stanley said its most bullish scenario of $150 could be moved higher. The record for Brent is $147.50, set in July 2008.